What does bitcoin have to do with the dollar

1.

1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices

2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014

3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar

extended information:

1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services

2. Bitcoin is priced in US dollars. Bitcoin and the US dollar are in a reverse relationship.

3. Because bitcoin has no credit guarantee, there is no hope that it can become a circulating currency in the future. So there is no value. It has nothing to do with the dollar. It can't replace the dollar.

4. Regal money is a pyramid scheme, which is different from the mainstream currencies such as bitcoin, Ruitai and Laite. The following is the disclosure of the media:
in the case, the cheated citizens all bought different amounts of "Regal money" on the Internet. In the end, they were unable to contact the payee, and all the websites were closed, which directly led to property losses
captain Zhang said that after the police investigation, it was found that most of the servers of this kind of financial management website were located outside China, which brought great difficulties for the police to investigate and crack down
in this case, all the cheated people learned about "Regal coin" through the "Regal 888" wechat group, and almost all of them were victims of "Regal coin" and were introced to the group one by one
captain Zhang also said that in this case, the cheated person was not allowed to trade within the first month after buying one yuan for one "Regal coin", but after one month, he could buy and sell at will
as more and more people put in money, the price of "Regal money" will be raised, some people will withdraw when they buy, and some people who invest in advance will withdraw when they taste the sweetness. Most of the subsequent "takers" dream of continuing to appreciate and buy in large quantities. When the organizers feel that there is enough money, they will run away Daqing (www.daqing.com)

5. Fuxiang virtual currency is not very good, with great risk. You'd better keep your hard-earned money in the bank. Now there are too many cheaters to guard against. Don't invest one cent on the Internet. If you don't listen to me, you'll lose all your money!

6.

Jingxuan finance and economics the above tutorial should be able to answer your question

because the American people intend to borrow bitcoin for speculative speculation to attract the return of rice yuan, in a certain sense, the appreciation of bitcoin will promote the appreciation of the US dollar

for gold, as a reserve, it has a complementary relationship with the US dollar, that is, the appreciation of the US dollar may lead to the depreciation of gold; Bitcoin absorbs the speculative property of gold, so the appreciation of virtual currency (bitcoin) is also a factor leading to the depreciation of gold

as a medium of transaction, when the trade channel is reced, the currency will depreciate. In other words, there is a situation that money can not be spent; But when there is a threat of war, we should consider the risk aversion factors and the possibility of recing trade channels, which will lead us to increase our efforts to reserve currency. At this time, gold and the US dollar will double up

the increase of risk, such as the recent game between China, Japan, the United States and South Korea, will lead to the return of people's yearning for peace. This desire will lead to the decrease of speculation desire... The decrease of speculation impulse will be reflected in the speculation of virtual currency

7. After the outbreak of the epidemic last year, the US dollar began to print in a crazy way. Within a month, the total amount of money printed in the past ten years was printed, leading to a vertical rise in the whole money supply

all kinds of signs make us dollar credit system full of uncertainty.

8. Yes, the current purchase price is 6726usd, which is 42316.629 in RMB.

9. At present, bitcoin is more valuable. One bitcoin is worth more than $10000